About Me
Have you ever borrowed money? About a year ago, I realized that there were some issues with my financial plan, so I started looking into different things that I could do to make things right. I realized that there were a few lenders in my area that were specializing in different kinds of loans, so I started talking with them about different ways to get out of debt. Before I knew it, they were walking me through a few different options, and it was really helpful. I wanted to create a site all about understanding financing terms and borrowing money, so check it out.
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2019
What Does It Take To Qualify For A Mortgage?
Do you need to apply for a mortgage to secure the financing for your home? If so, you may be wondering what it will take to qualify for a mortgage. If you are worried about having your loan denied, it helps to know what banks look for in their lenders.
Large Down Payment
A down payment shows a bank how good you are with managing your money. If you have very little saved up for a down payment and you want to buy a home, it shows that you are having trouble saving money.
What Is An FHA Streamline Loan?
A streamline is a type of FHA loan that's aimed at people who already have mortgages and need to refinance. The FHA streamline process is, as the name suggests, simpler and faster than the normal refinancing process. In exchange for helping homeowners out, though, the government has requirements in place for how people might qualify. Let's take a look at the basics of the streamline system.
Tangible Benefit
The first major requirement is that there has to be a demonstrable and tangible benefit for the borrower.
Got An Older Car But Need A Title Loan? What You Should Know
You may be thinking about seeking a title loan to help you deal with a financial emergency, but you may not be sure what your options are. This could be particularly true if the vehicle that you own is older. You may believe that your car is just too old to qualify for a title loan. There are many different vehicles that qualify for title loans. Here's a look at some of the things that you should know about getting a title loan on an older car.
4 Tips For Savings For A Down Payment On A Home
When it comes to purchasing a home, you need more than a great credit score and a solid job; you also need money saved up so you can put a deposit, or a down-payment, on the home. Savings up for a down-payment on a home is a long-term process, but here are some tips that may help you in this process.
Figure Out What You Need to Save
First, you need to figure out how much you need to save.
The Beginner's Guide To Leasing And Financing Construction Equipment
If you own or want to own a construction business, you may have considered leasing or financing heavy equipment. Several kinds of loans are available to help you when you want to obtain top-of-the-line construction technology. With these loans, you will have time to pay off your equipment. You may also simply want to lease equipment for a short time before you make a choice to buy it or lease even newer equipment, and these loans will help with this as well.
What Is The Difference Between A Cash Bond And A Surety Bond?
If you are trying to find a way to bail out your friend who is stuck in jail, you could use either a cash bond or a surety bond. Both options offer the same result, but there are some key differences with them. Here are several things you should know about cash bonds and surety bonds and the differences with them.
A cash bond requires no one else
A cash bond is something you pay out of your own pocket, and it is for the full amount of bail the court sets for the person who is in jail and needs to be released.
Ways To Help A Loved One Who Is Stuck In Jail
Discovering that someone you are very close to was arrested and is now in jail is probably not the type of news you hoped to receive, but there is little you can do about it if this recently happened. While you cannot magically get your loved one out of jail, there are things you can do to help him or her during this time. If this is what you want to do, here are three of the most important things you could do.
The Advantages Of A Joint Checking Account
When you get married, you will join all of your assets together. If you aren't sharing a bank account, you may feel that having the same bank account can be another step in forming a union. Some couples will keep separate bank accounts, others will merge their bank accounts together, and some couples will have both a shared checking account and separate accounts. There are upsides and downsides to each decision.
The 411 On Co-Signing On A Bail Bond
Whether a family member or a close friend got arrested, you will most likely want to do whatever you can to ensure they are released in a timely manner. Unfortunately, your family member or friend may not have the funds or ability to post bail for their own release. In these situations, you can co-sign for the person, which will make you responsible in many ways. If you are considering co-signing on a bail bond for a family member or friend, proper understanding is essential.
Have Your Loved One Released Using Bail Or A Bail Bond
Nearly no one expects to be called from jail, but it happens all the time. When you are your loved one's single phone call, you want to be sure to act quickly and efficiently and have them released from jail. This can be a confusing time, but read on for some basic information about bail and bail bonds that might have your loved one free from jail in no time.